The first step in refining your trading skills and strategies is to accept that this is a process that involves repetition, practice and reinforcement. This is where a forex simulator is very useful. It will train, save you money and ensure that you don’t start out a loser.

Using a forex simulator enables you to get months of training in just a few days work because you can pause, rewind, fast forward. You can set up 5 minute timeframes to up to what ever you choose. You can take snapshots of trades. You can use any indicator you like. You can keep a trade journal and refine your strategy.

Remember buying those PC games and being able to save a mission before coming back to it, repeating it over and over again until you got good enough to pass the stage? Well a forex simulator works in a similar way. Practice, reinforcement and repetion until you get good. Imagine getting a year of practice in a month!